HEERF I
Daoist Traditions has signed and submitted the Certification and Agreement for Higher Education Emergency Relief Fund (HEERF) grants for students. Click here for the full Quarterly Budget and Expenditure Reporting.
The College has used 50% of the funds received ($13,531.00) to provide Emergency Financial Aid Grants to students. Grants were distributed to the 98 students who are eligible to participate in Title IV eligible programs. Daoist Traditions distributed the grant money equally among the Title IV eligible student population.
Students were notified and required to sign a document acknowledging the purpose of the CARES Act funds which states:
The Department of Education has released funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act to higher education institutions who go through an application process and request those funds on behalf of their students. Daoist Traditions took these steps and have chosen to disburse the funds allotted in the grant to provide emergency assistance to needy students equally among our student population.
This grant is being made available to students for the sole and exclusive purpose of providing emergency funds to students for their expenses related to the disruption of campus operations due to coronavirus, such as food, housing, course materials, technology, and health care. These funds are not considered Title IV financial aid, so they will not impact your financial aid that you traditionally receive at Daoist Traditions, nor do you have to do any further application for these funds if you do not typically request aid. This is a grant that Daoist Traditions is receiving, with explicit instruction to deliver a large percentage as emergency relief direct to our students.
We understand that all of our students have been impacted by the pandemic in some form, and hope that this assistance helps in some way. Please sign below that you understand the terms of use described above, and date upon receipt of your check.
CRRSAA FINAL REPORT 9/30/2021
(1) Daoist Traditions College of Chinese Medical Arts signed and returned to the Department of Education all Certification and Agreements, and has used the applicable amount of funds designated under the CRRSAA and ARP (a)(4) program to provide Emergency Financial Aid Grants to Students.
(2) The institution received from all three rounds of funding ($89,431 total) across the three funding cycles. $27,061 was received in May of 2020 with the requirement that half of the funds were for student grants (13,531) and half of the funds were for the institution’s COVID burden (13,530) under the CARES Act/HEERF. $36,924 was received in March of 2021 and was distributed completely as direct-to-student grants under CRRSAA. $25,428 was received in July of 2021 and was distributed completely as direct-to-student grants under CRRSAA.
(3) The total amount of funds that the institution distributed to students under CRRSAA and ARP (a)(4) was $62,352, which was $36,924 in March of 2021 and $25,428 in July of 2021.
(4) The estimated total number of students at the institution that were eligible to receive Emergency Financial Aid Grants to Students was 108.
(5) The total number of students who received Emergency Financial Aid Grants to students was 77.
(6) The method used by the institution to determine which students receive Emergency Financial Aid Grants and how much they would receive was by using the FAFSA to determine need and currently enrollment status. All students were offered the chance to complete a FAFSA for grant money. The grant funds were distributed equally among the eligible students.
(7) Instructions and guidance given to the awarded students when they signed for their checks was the following statement: The Department of Education has released funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act to higher education institutions who go through an application process and request those funds on behalf of their students. Daoist Traditions took these steps and have chosen to disburse the funds allotted in the grant to provide emergency assistance to needy students equally among our student population.
This grant is being made available to students for the sole and exclusive purpose of providing emergency funds to students for their expenses related to the disruption of campus operations due to coronavirus, such as food, housing, course materials, technology, and health care. These funds are not considered Title IV financial aid, so they will not impact your financial aid that you traditionally receive at Daoist Traditions, nor do you have to do any further application for these funds if you do not typically request aid. This is a grant that Daoist Traditions is receiving, with explicit instruction to deliver the full percentage as emergency relief direct to our students.
We understand that all of our students have been impacted by the pandemic in some form, and hope that this assistance helps in some way. Please sign below that you understand the terms of use described above, and date upon receipt of your check.